More commentary has come through focusing on the real estate market along with news that the Fed is no longer predicting a recession in the near future.
Read More »Fed Raises Rates by 25 Basis Points to 22-Year High
The Federal Reserve once again raised the interest rates at its Federal Open Market Committee meeting Wednesday, reaching levels last seen in 2001.
Read More »Fed Raises Nominal Interest Rate by 0.25%
As expected, the Federal Reserve raised rates again at the end of their May meeting by a quarter point—this is now the tenth-straight increase.
Read More »Contract Volume, New Listings Down, While Days on Market Up
HouseCanary reports the number of homes that experienced price cuts increased over 130% year-over-year, as the market has been reported to be adjusting to continuous rate hikes.
Read More »Fed Hikes Interest Rates by 25pts
This is now the eighth consecutive rate hike, an increase of 4.5% since the hikes began.
Read More »Fed Hikes Rates by 75 Points; Sixth Increase This Year
Another Federal Open Market Committee Meeting, another rate hike. At the conclusion of the FOMC’s November Meeting, the Committee raised rates by 75 basis points, the fourth consecutive such hike and the sixth of 2022.
Read More »Federal Reserve Continues Rate Hikes
For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day meeting to a rate of 3.00-3.25%. This marks the highest ...
Read More »Fed Increases Interest Rate by 75 Basis Points
On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%. But now, in light of ...
Read More »Fed Raises Nominal Interest Rate by 0.75%
Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation since the 80s. To put that another way, this is the ...
Read More »Federal Reserve Increases Interest Rates
The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.
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